#xrpetf
📢 XRP is making waves in the financial markets!
The launch of the world’s first XRP spot ETF, Hashdex XRPH11 in Brazil, marks a major step forward for institutional crypto adoption.
Tracking the Nasdaq XRP Reference Price Index, this ETF allocates 95% of its assets to XRP, offering direct exposure to the digital asset.
At the same time, CME Group plans to launch XRP futures on May 19, 2025, pending regulatory approval.
These cash-settled contracts will allow investors to speculate on XRP's future price movements without holding the underlying asset.
These developments come after the resolution of the Ripple vs SEC lawsuit, bringing greater regulatory clarity to XRP.
This combination of initiatives could significantly strengthen XRP’s position in the digital asset market.
What do you think? Is XRP ready to challenge Bitcoin and Ethereum?